Vet cash buyers and know your home’s worth
Deciding to work with a We Buy Houses for Cash company in New York is only the first step. Just as with any business venture, the integrity and service quality you encounter can vastly differ based on the character of the individual or group behind the offer. It’s crucial for you to be discerning.
Before jumping at the first cash offer, invest time to vet the company. Dive deep into reviews, scour testimonials, and gauge their reputation within the New York market.
Moreover, never overlook the fine print. Before sealing the deal, thoroughly scrutinize the buying agreement. Familiarizing yourself with every detail ensures you aren’t caught off guard and that the entire transaction aligns with your expectations and needs.
HomeLight suggests you consult with an experienced New York agent to get a better idea of what your home might be worth if sold on the open market. Then compare your cash offer. HomeLight can connect you with a top-performing agent in your local market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your New York home quickly
iBuyers
iBuyers, also called instant buyers, use automated valuation models (AVMs) to offer a swift, predominantly online home sale experience. They present nearly instantaneous home valuations based on both historical and recent market data.
While their offers, like those from national companies like Opendoor and Offerpad, are usually closer to market value and suit well-maintained homes, they charge service fees of around 5%-6%.
iBuyers can be a better choice for homes in regions with uniform housing with properties that are in good shape.
Listing with an Agent
While considering We Buy Houses options, don’t overlook the potential benefits of listing with a top New York real estate agent. If your property is in a seller’s market and is well-priced and marketed, an agent can expedite a sale.
Our data shows that homes listed with top-tier agents can fetch prices up to 10% higher than average agents. In addition, a seasoned Realtor can offer a comparative market analysis (CMA) to determine your home’s value, guiding your pricing strategy and predicting sale speed. Many agents will provide a CMA for free.
A well-connected agent might even link you to buyers willing to give a cash offer close to your home’s true value. If you’re leaning toward this option, HomeLight can introduce you to top-performing agents in your New York market.
